🎧 THE AUDIT: The Climate Change Misinformation Machine (w/ Naomi Klein)

PODCAST: The Secret Wealth Transfer

Jul 21, 2021 David Sirota
Watchdog Ted Siedle is exposing one of the biggest Wall Street heists in American history.
PODCAST: The Secret Wealth Transfer
Photo credit: AP Photo/Elise Amendola

The Daily Poster recently published a deep-dive report on Wall Street executives skimming billions of dollars of fees off the retirement savings of teachers, firefighters, and other government workers.

The relationship between public pensions and alternative investment firms has become one of the biggest upward transfers of wealth in America — and much of it is happening in secret. That’s because pension officials and the firms collude to keep the investment contracts secret, even to the workers and retirees whose money they are managing.

On this podcast episode, Sirota talks to former SEC attorney Ted Siedle, whose forensic investigations of major pension funds are helping to shed light on this enormous scandal. Siedle is the author of the books Who Stole My Pension? and How To Steal A Lot Of Money, Legally.

To listen to this and other Daily Poster podcasts in the podcast player of your choice, copy and paste this URL into the “add podcast” option of your podcast program.

This newsletter relies on readers pitching in to support our journalism. If you like this podcast, please support The Daily Poster's work.

Only paid subscribers can comment. Please subscribe or sign in to join the conversation.